Finding the Bottom

Founded in 1984, the Tucson Weekly has become an iconoclastic institution in this sprawling desert boom town with a population approaching 1 million. With its reputation for diverse, compelling journalism with an edge, the paper has built a readership of...

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There is no doubt that Obama would do a better job on the economy. But during these challenging and worrisome economic times he, and Democrats running for Congress, seem to be promising a lot -- the sky, in fact: less taxes for most people and more services for all. At the moment, it just does not add up.

After the bottom fell out of the subprime mortgage debacle, lenders started to look at potential borrowers with greater scrutiny. Gone are the days of borrowers with weak credit snagging mortgages with no money down. Yet higher-priced houses are still moving because better-off buyers have an easier time getting loans.